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A somewhat misleading headline from the, Telegraph...

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A somewhat misleading headline from the, Telegraph...

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Old 2nd Jan 2015, 11:21
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A somewhat misleading headline from the, Telegraph...

Interesting reading, even if the headline is a little misleading...

Warships, jets and tanks worth £2.5 billion scrapped in Whitehall cost-cutting drive - Telegraph

-RP
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Old 2nd Jan 2015, 11:45
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Public Service Accounts

So...

1) There is the value of the Thing which we think it's worth having paid for it. "x"
2) Then there is the value that a 3rd party would be willing to buy the Thing for - if you were prepared to sell it. "y"
3) Then there is the cost to keep the Thing and maintain it if you do want to use it. "m"
4) Then there is the cost to actually use the Thing. "f"
5) Then there is the cost to update the Thing whilst you keep it in service. "u"
6) Then there is the cost to replace the Thing, if you keep it and do a one-for-one replacement. "r1"
7) Then there is the cost to scrap the thing. "s"
8) Then there is the cost to reintroduce the Thing, if you have scrapped it. "r2"
9) Then there is the cost of the political decision either way. "p1" to "p99"

* Now x is not equal to y (as demonstrated by the Harrier sale)
* u is dependent upon m already being committed.
* s might save you u and m - but not neccesarily recover you y and certainly will not get you back x

Argghhhhh Not easy is it
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Old 2nd Jan 2015, 11:48
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Good to see the Shadow Defence Secretary is still firmly "on message" with corporate amnesia of the catastrophic mismanagement of the EP under their last administration.....
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Old 3rd Jan 2015, 08:10
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Yet more evidence that "resource accounting and budgeting" is a failed concept, invented by accountants, to keep accountants in business. Whoever introduced this to government should be hung, drawn and quartered. And then shot! And then incarcerated in the deepest hole in the ground!! For life!!!
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Old 3rd Jan 2015, 09:49
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Good to see the Shadow Defence Secretary is still firmly "on message" with corporate amnesia of the catastrophic mismanagement of the EP under their last administration.....
You can only blame "the last administration" for so long.
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Old 3rd Jan 2015, 10:13
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Vendee,
Indeed, but the sheer scale of the mess they left is still being felt - ergo, we're still paying for the blank cheques they wrote in their despairing last 18mths. Nimrod, Carriers, F35, FRES, T26, Batch 2 Astute, Chinooks etc all ordered or slid right to release near-cash (with compounding impact in later years) all so Labour could present themselves as strong on Defence, and not risk major contractors shutting factories (with extensive job losses) just before an election. God alone knows how they would have spun the post election cuts if they'd won...probably dressed up in an SDSR every bit as cutting as the one we had. This Govts kicker is the Chancellors insistance that Successor is funded from the Defence vote - that will likely be felt for even longer.
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Old 3rd Jan 2015, 10:20
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RAB

I am with you on RAB Roland.
Now I can't recall who was in Government when this was introduced.
Another term bandied about during the rebalancing in the naughties was "There will be no sacred cows" - Well I saw fields full of them in my area of responsibility.
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Old 3rd Jan 2015, 10:33
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Now I can't recall who was in Government when this was introduced.
From memory, April 2001, so that will have been the Mid East Peace Envoy's motley crew, with Buffoon in the SofS chair.

Last edited by skippedonce; 3rd Jan 2015 at 10:34. Reason: sp
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Old 3rd Jan 2015, 14:40
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Whilst the truth should never get in the way of a good dit, Ken Clarke introduced it c1995:

Key events associated with the introduction of RAB in the UK

Year
Key Event
1994
Green (consultation) paper published by HM Treasury.
1995
White (policy) paper published by HM Treasury.
1998/99, 1999/00 and 2000/01
Dry run years for production of resource accounts.
1999
Dry-run exercise undertaken for resource budgets.
2001/02
Resource accounts fully implemented.
2001/02 and 2002/03
Resource budgets transitional years.
2003/04
Resource budgets fully implemented.
Source - Charted Institute of Public Finance and Accounting

http://www.google.co.uk/url?sa=t&rct...82001339,d.d2s
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Old 3rd Jan 2015, 15:11
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On RAB, Miss PN was once criticised that her stores were inefficient as the building was half empty and shelving was only half filled

She pointed out the half empty bit was between rack and roof.

As for shelving being half empty - as forward supply some stock was awaiting issue forward, some for sending back, and space for stuff from forward going back and back going forward, and stocking being held was zero.
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Old 3rd Jan 2015, 15:31
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Thanks for that PN,
Sounds like something from Ponty Mython!
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Old 3rd Jan 2015, 19:58
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Whilst the truth should never get in the way of a good dit, Ken Clarke introduced it c1995:
And any time between Labour's coming to power in May 1997 and the actual implementation of RAB 4 years later in April 2001, that administration could have made the decision not to action the 1995 White Paper. All politicians, all guilty; aided and abetted by the civil serpents of HM Treasury.

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Old 4th Jan 2015, 01:43
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More military vehicles from Hill being sold to the public

This Bowen-McLaughlin-York 5-ton Cargo Truck is up for auction next week at Hill Air Force base - starting bids $2,000.


HILL AIR FORCE BASE — More surplus military vehicles, previously unavailable to civilians, will be up for bid during an online public auction set for Wednesday.

On Jan. 7, a company called GovPlanet — an Internet-based marketplace for buying and selling used government assets — will auction off hundreds of surplus military vehicles including five-ton cargo trucks, tow and recovery trucks, tractors, rough terrain forklifts, scrapers, excavators and trailers.

Several of the auction items are being stored at Hill Air Force Base. A full list can be found at govplanet.com. {edit: link fixed}

Items already listed for sale at Hill include several cargo trailers, cargo trucks, tractor trucks and wreckers. Currently, the most expensive item for bid other than the Humvees is an AM General Wrecker, which starts at $7,000. Winning bidders are responsible for picking up the vehicles.

In mid-December, GovPlanet held an online auction that allowed customers to view and bid on 25 High Mobility Multipurpose Wheeled Vehicles, more commonly known as Humvees. The Humvees, built between 1987 and the mid-1990s, were all stored at Hill. Opening bids on the Humvees started at $10,000, but nobody paid that price. The vehicles, which are only legal for off-road purposes, sold for between $21,500 and $41,000.

Approximately 4,000 of the troop transporting vehicles and thousands of other old military machines will be sold to the public as part of a Defense Logistics Agency plan to turn retired military vehicles into assets, rather than just scrap them, as has been the past procedure.
GovPlanet’s parent company, IronPlanet, was awarded a DLA contract to manage and sell Department of Defense surplus assets in July. The contract has a base term of two years, with four one-year renewal options. The company estimates it will get its hands on $50 million to $70 million worth of military surplus each year. The contract requires the company give 75.29 percent of sales revenue to the DLA.

Hill inventory in the Jan. 7 auction doesn’t include Humvees this time, but IronPlanet Senior Vice President Randy Berry said additional auctions, where customers can bid on Humvees and a host of other military vehicles and equipment, will be held throughout 2015.

Last edited by GreenKnight121; 6th Jan 2015 at 05:35.
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Old 4th Jan 2015, 06:08
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Originally Posted by Vendee
You can only blame "the last administration" for so long.
Very true. Many economists reckon it would take the country two whole generations to sort out the mess Labour created. Electing Miliband this year will only pour petrol onto the flames.
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Old 4th Jan 2015, 21:14
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Strange then that they kept trouncing the Cons in the consecutive elections '97, 2001 and 2005. And that the Cons didn't actually win the election in 2010.Why was that? British people are thick?
A lot of people got very rich in Labours time on watch mate, including an awful lot of arms manufacturers. Surely that should make you happy?
4 years of whatever this current lot are doing is very far from impressive to date.
Tories are never the pragmatic economists they preach themselves to be, but are always hung up on doctrine and ideology, in my experience. This lot will prove the same and are very likely to be shifted on in the Summer.
And God help us anyway whoever gets in - the cracks in the UK boat have been apparent for a very, very long time...
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Old 4th Jan 2015, 21:26
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HS,
Blair won 3 elections based on his business friendly charisma, dragging a reluctant (but power hungry) Labour party to the Centre and by exploiting a 'time for change' mantra against a tired Tory party out of ideas - helped by a sucession of poor leaders. The Electoral system still favours them, and only the support of Scottish voters prevented a bigger meltdown in 2010. Fast forward to now, Milli-Bland makes Major look charismatic, they've lurched to the Left, are fighting UKIP and the SNP for their core vote and are still seen as incompetant on economic issues and on the wrong side of the debate on Welfare and Immigration - hence why their only tactic seems to be scaremongering about the NHS. Blair gave a veiled warning recently, but they're not listening. There's little money in Defence for whoever wins....few will get rich.
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Old 5th Jan 2015, 17:50
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hence why their only tactic seems to be scaremongering about the NHS
Scaremongering? Don't know what its like in Zummerset but where I am, you have more chance of landing 6 numbers on the Saturday night lotto than getting an appointment to see your GP.
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Old 5th Jan 2015, 18:54
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Originally Posted by GreenKnight121
More military vehicles from Hill being sold to the public This Bowen-McLaughlin-York 5-ton Cargo Truck is up for auction next week at Hill Air Force base - starting bids $2,000.
I want one.
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Old 6th Jan 2015, 05:34
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Put in your bid on the website GovPlanet - Surplus Military and Government Vehicles, Trailers and Equipment.
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Old 6th Jan 2015, 07:46
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RAB was on the go wen I did my tour in shabbeywood, late 90s. IIRC it may even be the same as PFI, which was late in the John Major administration. Lots of folks think PFI was Blair but he inherited it.

edited; saw alfred's post That's what I remember.

Last edited by dervish; 6th Jan 2015 at 07:50. Reason: not reading previous posts!
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